Posts tagged as Companies Act 71 of 2008

The Law Reports – July 2021

x Bookmark May 2021 (3) South African Law Reports (pp 1 – 321); May 2021 (1) South African Criminal Law Reports (pp 463 – 578) This column discusses judgments as […]

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Taking your slice of the shareholder pie: A discussion on authorised and issued shares

x Bookmark Authorised shares in a company are the maximum amount of shares that the company is authorised by its memorandum of incorporation (the MOI) to issue to shareholders. The […]

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Retrenchments and business restructuring

x Bookmark SA Airways (SOC) Ltd (In Business Rescue) and Others v National Union of Metalworkers of SA on behalf of Members and Others (2020) 41 ILJ 2113 (LAC) The […]

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The law reports – October 2020

x Bookmark August [2020] 3 All South African Law Reports (pp 305 – 632) This column discusses judgments as and when they are published in the South African Law Reports, […]

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Employment law update – Retrenchments during business rescue

x Bookmark In South African Airways (SOC) Ltd (in Business Rescue) and Others v National Union of Metalworkers of South Africa obo Members and Others (3) [2020] 8 BLLR 756 […]

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Fighting with your shadow – understanding the concept of non-executive and shadow directors

x Bookmark Before I discuss the concept of a shadow director and a non-executive director, I must first explain what a director is. Section 66 of the Companies Act 71 […]

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Business rescue proceedings – the other side of the coin

x Bookmark In the uncertain economic times that South Africa (SA) is facing, combined with the financial strain that the worldwide COVID-19 pandemic is placing on most businesses, business rescue […]

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Walking a tightrope: The business rescue practitioner’s challenge of serving competing interests

x Bookmark The legal framework for business rescue was introduced to South African law with the promulgation of the Companies Act 71 of 2008 (the Companies Act) to ‘provide for […]

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